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CryptoYuan

Taiwanese Central Bank Sees Future In Blockchain

Yang Chin-long, the new governor of Taiwan’s central bank, indicated in a speech yesterday, Feb. 26, that the bank would be open to exploring Blockchain technologies. At the end of January, Taiwanese capital Taipei had announced that they intended to turn into a ”smart city,” utilizing Blockchain for providing technological…

Porsche Starts Working with Blockchain Technology After Volkswagen

Different car producers are starting to use blockchain technology in the vehicles they are producing. Now, Porsche is testing Ethereum-based blockchain technology in collaboration with a start-up known as XAIN. This start-up is already working with DHL, Volkswagen, Nvidia, and many other enterprises in the industry. With this partnership, XAIN…

New Venezuela’s Cryptocurrency will be secured by gold

Venezuela plans to release another Cryptocurrency, Petro gold, this week, which will be secured by gold. Last week, the country successfully launched the sale of tokens, confirmed by oil reserves. Previously, Venezuela planned to launch its own Petro, provided with oil, gas, gold and diamonds, Interfax reports. “I’m going to…

Bank of China patents a new solution for scaling blockchain

The Bank of China, which should not be confused with the People’s Bank of China, the central bank of the country, has applied for a patent for a new solution to the problems of scaling blockage to the State Intellectual Property Office of China (SIPO). The solution contains a new…

Telegram launches second round of ICO

Telegram conducts a second closed preliminary sale of its crypto currency before conducting a public ICO (initial placement of crypto-active assets to attract investments). This was reported by the portal The Verge. According to The Verge, this week representatives of Telegram sent a number of investors a message notifying about…

The most successful ICO of 2017

2017 was a breakthrough year in the history of initial offers of coins. Understand the success of the largest ICO of the past year and how this information can be useful for selecting ICO in your investment portfolio. ICO is the “initial offering of coins”, a method of collecting investments…

EU Regulators to Discuss Crypto Regulation Next Week

A group of European Union regulators will meet next week to discuss the regulation of cryptocurrencies. Speaking to reporters on Tuesday, European Commission vice president Valdis Dombrovskis said that the meeting would involve representatives from central banks as well as the bloc’s market supervisors. Though unnamed, Dombrovskis said that “market players”…

The profit of South Korean crypto-trading services has grown 85 times in 2017

South Korea’s currency exchange offices in South Korea received a huge profit from commission fees in 2017 – 700 billion won ($ 648 million), while in 2016 this amount was 8 billion won. Thus, for the year this figure has grown 85 times. This is reported by the publication Yonhap…

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